Medclair
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Medclair (MCLR) investor relations material

Medclair Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary5 Nov, 2026

Executive summary

  • Q3 order intake rose 40% YoY to SEK 20.9m and net sales rose 28% to SEK 13.5m; EBITDA was SEK 0.7m amid expansion investments.

  • Installed base reached ~700 installations across 250 customers in 20 countries, supporting service, consumables, repairs and cross-selling opportunities.

  • Recurring revenue reached ~SEK 3.6m annualized; new agreements signed in Q3 add ~SEK 0.9m annual recurring revenue, with ~SEK 1m more estimated from installed equipment.

Financial highlights

  • Q3 net sales SEK 13.5m vs SEK 10.5m; EBITDA SEK 0.7m vs SEK 1.8m; operating profit SEK -0.7m vs SEK 0.3m; net profit SEK -0.8m vs SEK 0.3m.

  • 9M net sales rose 10% YoY to SEK 46.0m; EBITDA was SEK 7.0m vs SEK 11.8m; operating profit SEK 2.6m vs SEK 7.3m; net profit SEK 2.6m vs SEK 6.8m.

  • Q3 EPS was SEK -0.008 vs SEK 0.004; 9M EPS was SEK 0.03 vs SEK 0.08.

  • Q3 order intake was SEK 20.9m vs SEK 14.9m; 9M order intake was SEK 62.1m vs SEK 49.6m; quarter-end backlog SEK 26.4m.

Outlook and guidance

  • FY 2026 net sales are expected to exceed FY 2025's SEK 52.1m by a good margin; strong order intake continued into early Q4.

  • Most of the SEK 26.4m backlog is expected to be delivered in Q4 2026 and Q1 2027.

  • First commercial photocatalytic products are planned for 2H 2027, starting in Dental; additional products are planned during 2027.

  • Growth outlook rests on international expansion, a broader offering and higher recurring revenue and revenue per installation.

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Frequently asked questions

Medclair AB is a Swedish company specializing in environmental solutions for healthcare, particularly focused on reducing nitrous oxide emissions in medical settings. The company develops and manufactures equipment that captures and neutralizes nitrous oxide used during medical procedures, minimizing environmental impact and improving air quality in healthcare facilities. Medclair’s products are widely used in hospitals and clinics, particularly in obstetrics and dentistry, to enhance safety for healthcare providers and patients. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Spotlight Stock Market.